Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm Encourages Franklin BSP Realty Trust, Inc. (FBRT) Shareholders To Inquire About Securities Fraud Class Action

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Franklin BSP Realty Trust, Inc. (“FBRT” or the “Company”) (NYSE: FBRT) securities between November 5, 2024 and February 11, 2026, inclusive (the “Class Period”). FBRT investors have until April 27, 2026 to file a lead plaintiff motion.

IF YOU SUFFERED A LOSS ON YOUR FRANKLIN BSP REALTY TRUST, INC. (FBRT) INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS

What Happened?

On February 11, 2026, FBRT released its fourth quarter and full year 2025 financial results, revealing, among other things, quarterly GAAP net income of $18.4 million, a significant decline from $30.2 million in the same quarter the prior year, and quarterly earnings per share of $0.13, a significant decline from $0.29 in the same quarter the prior year.

The Company further disclosed that “it has taken longer to resolve and sell the real estate than [it] originally planned. This has led to over-distributing capital to investors.” Thus, “[i]n order to stabilize [its] book value” the Company had “reset the quarterly dividend.”

On this news, FBRT’s stock price fell $1.44, or 14.2%, to close at $8.71 per share on February 12, 2026, thereby injuring investors.

What Is The Lawsuit About?

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Defendants recklessly overstated Franklin BSP Realty Trust’s prospects; (2) Defendants recklessly overstated Franklin BSP Realty Trust’s ability to maintain the $0.355 dividend; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you purchased or otherwise acquired FBRT securities during the Class Period, you may move the Court no later than April 27, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles, California 90067
Email: [e-mail]
Telephone: [phone],
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.